183
183
Dec 11, 2012
12/12
by
CNBC
tv
eye 183
favorite 0
quote 1
we're bringing up apple in china. right now they're saying iphone 5 sales are running 50% ahead of what iphone 4 sales were in 2010. that's fairly significant if it turns out to be true. the source for that is macbook translating data from chinese. that's making the rounds. i think people are looking at this aspect of wait a minute. this is a whole growth market that maybe is not in all the -- people are bullish on the china story. but maybe not enough. i think that's giving it to credence here. >> stocks off session highs after those comments from speaker boehner. really, we're hanging in there truth be told. dow up 106 points. when "halftime" returns we zero in on the health of financial stocks from the floor and more companies announcing special dividends as the nation gets closer to the fiscal cliff deadline. deutsche bank top u.s. equity strategist david bianco tells us who can be next. >>> later, can amazon deliver more joy to investors as holiday crunch time takes a new level. shares up 45% this year. we debate
we're bringing up apple in china. right now they're saying iphone 5 sales are running 50% ahead of what iphone 4 sales were in 2010. that's fairly significant if it turns out to be true. the source for that is macbook translating data from chinese. that's making the rounds. i think people are looking at this aspect of wait a minute. this is a whole growth market that maybe is not in all the -- people are bullish on the china story. but maybe not enough. i think that's giving it to credence...
104
104
Dec 17, 2012
12/12
by
CNBC
tv
eye 104
favorite 0
quote 0
not have distribution with the largest phone carrier, china mobile. they have distribution with unicomm. it looks great but not as good as what it did in the u.s. that's one reason. >> very quickly, on apple map debacle, how damaging was that? that was a slip, a big slip for them. >> yes, i think it was. a little bit after turning point for the company because its leadership in software for wireless was unquestioned. for the first time, users were saying, you screwed this up. >> you messed this up. >> yes. that sent a signal, they changed leadership. >> they had a reputation for doing everything right. this was an instance for where they did not. thank you. >> good to have you here. >> brian shablgtman. >> hard to talk about apple without talking about google. there are reports over the weekend this they are settling their search issue with the ftc. also interesting can comments about how they really believe that search with google will be more mobile than desktop on the year 2016. it is up $14.49. sue, to you. >> brian, thank you very much. we raise
not have distribution with the largest phone carrier, china mobile. they have distribution with unicomm. it looks great but not as good as what it did in the u.s. that's one reason. >> very quickly, on apple map debacle, how damaging was that? that was a slip, a big slip for them. >> yes, i think it was. a little bit after turning point for the company because its leadership in software for wireless was unquestioned. for the first time, users were saying, you screwed this up....
133
133
Dec 12, 2012
12/12
by
CNBC
tv
eye 133
favorite 0
quote 0
and the non china business. and they reiterated their positive views on the stock. $17 what the stock is now. so now you know what we've got. we have a genuine home spun face off with a pack of bears duking it out against a whole posy of bulls. which group is right about yum? sell sell sell. we know the business is turned around. taco bell, haven't been there lately? hearing good things. all of the overseas business is still growing like crazy. the chinese business is so big that it accounts for 45% of the company's profits. the latest decline of the same store sales is permanent. they got sick of kentucky fried chicken and pizza hut. it seems as if the colonel may have gotten busted down to private. and i'm calling it a bump but a severe bump in the road. it is true that they are facing margin pressure. the so called tier one cities. 4% decline in same store sales is not a good thing. and there is no doubt newfound competition among chicken houses. however, yum is dealing, you know with the first issue by shift
and the non china business. and they reiterated their positive views on the stock. $17 what the stock is now. so now you know what we've got. we have a genuine home spun face off with a pack of bears duking it out against a whole posy of bulls. which group is right about yum? sell sell sell. we know the business is turned around. taco bell, haven't been there lately? hearing good things. all of the overseas business is still growing like crazy. the chinese business is so big that it accounts...
58
58
Dec 10, 2012
12/12
by
CNBC
tv
eye 58
favorite 0
quote 0
. >>> from the cliff to china. investors finally get some positive news. >> atmospherics are getting so much better. we kind of gotten out of a kabuki theater and we've gone to dancing the tango with those two guys and any time you start to tango, you got a chance. >> but the mixed messages don't stop there. >> apple, to me, is a trading sardine. not an eating or investing sardine for the next few months. there are no clear short-term positive catalysts that i can see. >> i think apple has become a casino. i think it's problematic. >> oh. and there's always europe. >> well, you don't have to be einstein to work out that there's a problem. >> fasten your seat belts. there's lot to trade. this is "fast money." i'm melissa lee. here are tonight's top three trades. lucky 2013. why you should be looking past the cliff with confidence. picks for the new year. plus, pinching pennies. why the friends and family sales are more bad news. and spin cycle. o your old washing machine. president obama and speaker john boehner met
. >>> from the cliff to china. investors finally get some positive news. >> atmospherics are getting so much better. we kind of gotten out of a kabuki theater and we've gone to dancing the tango with those two guys and any time you start to tango, you got a chance. >> but the mixed messages don't stop there. >> apple, to me, is a trading sardine. not an eating or investing sardine for the next few months. there are no clear short-term positive catalysts that i can...
201
201
Dec 20, 2012
12/12
by
CNBC
tv
eye 201
favorite 0
quote 0
the only negative region in the entire world for them is china. getting crushed a little bit on a peril, but i think the north american strength, when you look at the global growth where it is, it's in north america right now, and you take a look at the eps beat, that's what investors are looking at. >> thank you very much. brian schaktman, we'll watch nike. back to our interview with outgoing republican governor mitch daniels of indiana. good to have you. thanks so much for joining us. >> yes, ma'am. >> we were talking about the possibility of a deal in washington. what's your take in terms of how this plays out. you think we get a deal, or no? >> in a lot better position to know than i am. my intuition tells me that ultimately the sequester and all the implications of that will be avoided somehow. washington has a pattern of doing that and kicking the proverbial can, but as we were saying before the break, maria, even if they do, until they show some seriousness about the welfare state programs and the completely unkeepable promises that are bui
the only negative region in the entire world for them is china. getting crushed a little bit on a peril, but i think the north american strength, when you look at the global growth where it is, it's in north america right now, and you take a look at the eps beat, that's what investors are looking at. >> thank you very much. brian schaktman, we'll watch nike. back to our interview with outgoing republican governor mitch daniels of indiana. good to have you. thanks so much for joining us....
111
111
Dec 19, 2012
12/12
by
CNBC
tv
eye 111
favorite 0
quote 0
>> what you heard out of china, a government official in china said last month, he was quoted until saying, if we continue bi bailing these companies out in china, it's giving a patient poison to quench their thirst. you had a bailout of sun tech, a bailout of another chinese company and you've had multiple bailouts since then. you have massive oversupply in this market. you need companies to go out of business. what china is doing, they are coming in and bachling them out. thus this capacity that needs to be reduced is continuing to grow. so, we think capacity in china is going to row. you have much more supply than the demand. we continue to see price pressure. >> gordon, one of your competitors, i think tend of november, has a $50 price target on the stock. mentioned their cash flow. i'm not asking you to talk about their call but can you talk about their cash flow? do they have a healthy situation? >> that's a good point. where the projects they have, they will have the cash. but once the projects are over, if you look at first solar's earnings over the past four quarters, quarters whe
>> what you heard out of china, a government official in china said last month, he was quoted until saying, if we continue bi bailing these companies out in china, it's giving a patient poison to quench their thirst. you had a bailout of sun tech, a bailout of another chinese company and you've had multiple bailouts since then. you have massive oversupply in this market. you need companies to go out of business. what china is doing, they are coming in and bachling them out. thus this...
111
111
Dec 14, 2012
12/12
by
CNBC
tv
eye 111
favorite 0
quote 1
the china news is good. i like a and r. i like the cole names. the one beaten down has the most up side. >> simon. >> in video the table chip. >>> j.j. >> in the financial sector it's like a boxer that gets beat up day after day after day, it never goes down. with that being said, goldman sachs is a financial stock. >> what do you make of this argument that santolli was making, pete. you can get a sell on the news event if you get a deal on the fiscal krif. it's counter intuitive. >> if that were to happen, i agree with josh. i don't know that i see that in front of us. if that were to happen, i think that present a great opportunity. i look at the financials. goldman sachs, i look at all the financials. jpmorgan, goldman sachs, i like them. >> i totally get what mike's saying. it's an interesting thing to consider. it's definitely possible of course. my inclination would be a 1,000 point dow rally. there's so much pent up fear and skepticism. with that out of the way in addition to what the feds told us, which is low rates until we're dead, i ca
the china news is good. i like a and r. i like the cole names. the one beaten down has the most up side. >> simon. >> in video the table chip. >>> j.j. >> in the financial sector it's like a boxer that gets beat up day after day after day, it never goes down. with that being said, goldman sachs is a financial stock. >> what do you make of this argument that santolli was making, pete. you can get a sell on the news event if you get a deal on the fiscal krif. it's...
214
214
Dec 17, 2012
12/12
by
CNBC
tv
eye 214
favorite 0
quote 0
we didn't talk about china at all. china is evidencing, from every angle, a soft landing. >> well, they're not talking about doing any additional big stimulus package? >> they probably don't need to. so we're that going to get acceleration on the other side but we're not going to have this fall, and where is this going to stop? if you have china, okay. the u.s. a little better. europe less bad. it's going to be an okay economic -- >> you get everything you want, fiscal cliffwise and we actually start tackling some of these long-term issues, you know diffident taxes are heading up. what -- is the market spring loaded so that if we get what we want it will be a really solid advance that we get? >> solid, look, joe, and in a muddle through economy solid is only a mid teen number. we're not going to get 30% gain. >> put the two years together we could have 30, if we get some of the things -- >> we had three straight years at 30. >> that was a different world. earnings were higher. they're flagging a bit now. >> if everybod
we didn't talk about china at all. china is evidencing, from every angle, a soft landing. >> well, they're not talking about doing any additional big stimulus package? >> they probably don't need to. so we're that going to get acceleration on the other side but we're not going to have this fall, and where is this going to stop? if you have china, okay. the u.s. a little better. europe less bad. it's going to be an okay economic -- >> you get everything you want, fiscal...
74
74
Dec 26, 2012
12/12
by
CNBC
tv
eye 74
favorite 0
quote 0
. >> and that was a china story, too. >> yeah, foot on the brake, hard, out of china, and that's why these coal names were so depressed. i don't think they come back, guy, but not come racing back and it's all because of the shale plays and that's why i think energy produced out of there is going to put a cap on how much of a rally we're going to see out of coal. >> how about jcpenney? anybody willing to take a bet? we had an analyst on "squawk on the street" on monday who visited stores over the weekend, said, you know what, the traffic was good. they went back to their promotion always and brought people back in. >> until there's an actual turn in the data, i don't care what a store looks like on a tuesday. i can't invest based on that. when we look at the data, technically, the stock's been acting a little better. there's a ton of shorts in this thing, though. that's hard to go by and there's just not turn yet. i'd rather buy the thing higher when there's some sense that the business has stabilized. i don't want to buy it here where we really have no idea when these metrics bottom
. >> and that was a china story, too. >> yeah, foot on the brake, hard, out of china, and that's why these coal names were so depressed. i don't think they come back, guy, but not come racing back and it's all because of the shale plays and that's why i think energy produced out of there is going to put a cap on how much of a rally we're going to see out of coal. >> how about jcpenney? anybody willing to take a bet? we had an analyst on "squawk on the street" on...
193
193
Dec 18, 2012
12/12
by
CNBC
tv
eye 193
favorite 0
quote 0
i think china will continue to play it. i think that would be better, more obvious great stories in the like in the next ten years in china. >> such at? >> the obvious concern, i'm not concerned about the residential property side, but international property, larger entities, that would be a concern that would continue to rear its head, i think. and i look at the stock pickses of chinese industries. just determined the bank roll losses for that industry and that's slightly concerning, as well. i see china more as a trade market rather than a strategic bet. within that, we are keen to extend ourselves to only the mining sector. >> there's plenty of pessimism for people to come in. in other central bank news, sweden has lowered its key interest rate by 25 basis points to 1%. in a widely expected move. the central bank says it sees the repo rate remaining for the coming year. riksbank deputy swensen says he is pushing for heavier cuts. >>> in australia, the decision to lower rates at its december policy meeting appears to be a
i think china will continue to play it. i think that would be better, more obvious great stories in the like in the next ten years in china. >> such at? >> the obvious concern, i'm not concerned about the residential property side, but international property, larger entities, that would be a concern that would continue to rear its head, i think. and i look at the stock pickses of chinese industries. just determined the bank roll losses for that industry and that's slightly...
305
305
Dec 11, 2012
12/12
by
CNBC
tv
eye 305
favorite 0
quote 0
china is still positive in the fourth quarter. china is going to show a slow and steady improvement. so we need those. >> higher expectations stronger in the likes of taiwan, india and brazil. let's go back to where you say they're weakest. greece, italy, spain, the netherlands. this is a very weak feature, indeed. how bad in it? >> it's bad. the eurozone is the global economic problem now. if you look at asia where i just returned from, both countries are feeling optimistic. but they seem to be inwardly focused now by being a triangle of china, india, indonesia. we're not seeing a great benefit into europe as we did before. for instance, germany is looking pretty pessimistic. based on its lack of export performance to places like china. >> yeah. when the bundes bank came out and shortly downgraded forecasts, how is the employment picture? if you've got a relatively healthy china and the u.s. consumer bounce back, wouldn't that help germany? >> it certainly would. germany is relatively flat in terms of the employment outlook. so i
china is still positive in the fourth quarter. china is going to show a slow and steady improvement. so we need those. >> higher expectations stronger in the likes of taiwan, india and brazil. let's go back to where you say they're weakest. greece, italy, spain, the netherlands. this is a very weak feature, indeed. how bad in it? >> it's bad. the eurozone is the global economic problem now. if you look at asia where i just returned from, both countries are feeling optimistic. but...
183
183
Dec 11, 2012
12/12
by
CNBC
tv
eye 183
favorite 0
quote 1
it may have had room to run, more so from palladium and the positive data from china. back to you. >> sharon, thank you very much. breaking news to brian shactman, nfl bounty case. brian. >> nine months after this story broke, paul announced he's vacating all penalties on four players. they are exonerated. the key here is the players were not in favor of tagliabue doing this. spent three years, 50,000 pages of documents indicting players. they exonerated them. two of them might return to play this season. >> thank you very much, brian shactman. >> to nasdaq, bertha coombs following big movers there. we have the advance there as well. >> we do. nasdaq 100 outperforming thanks to apple's recovery. off of the highs of the day. nonetheless it is contributing about a third of the outside impact to the nasdaq 100. facebook will be added tomorrow. watch that going into the close. it will be trading in the nasdaq, emphasis trades over at nyc. yahoo! has a mobile app for mail. today at a four-year high. that stock continues momentum. couple of deal-based stocks, trip adviser wi
it may have had room to run, more so from palladium and the positive data from china. back to you. >> sharon, thank you very much. breaking news to brian shactman, nfl bounty case. brian. >> nine months after this story broke, paul announced he's vacating all penalties on four players. they are exonerated. the key here is the players were not in favor of tagliabue doing this. spent three years, 50,000 pages of documents indicting players. they exonerated them. two of them might...
229
229
Dec 10, 2012
12/12
by
CNBC
tv
eye 229
favorite 0
quote 0
than china. partly because of relative wage levels, but also partly because of its proximity to the market and with energy and transport costs being what they are today, you're going to see a lot of change. and the u.s., like our industrialized economies, is going to have opportunities and it needs to prepare itself to exploit those opportunities. >> the ilo director general guy ryder talking to carolin. just a reminder, we spoke to pascal lamy who confirmed they've downgraded the world trade percent this year. that's had an impact on the volume of trade. it did ask him about what he thought the political situation in italy was going to develop and what impact. he said he thought and believed it would be contained, but then, of course, we might expect him to say that, as well. but he was speaking with mario monti earlier in the weekend, as well. on saturday he was with him. >> a diplomatic response, i would expect no less. great stuff from geneva. looking forward to having you back here tomorrow.
than china. partly because of relative wage levels, but also partly because of its proximity to the market and with energy and transport costs being what they are today, you're going to see a lot of change. and the u.s., like our industrialized economies, is going to have opportunities and it needs to prepare itself to exploit those opportunities. >> the ilo director general guy ryder talking to carolin. just a reminder, we spoke to pascal lamy who confirmed they've downgraded the world...
85
85
Dec 4, 2012
12/12
by
CNBC
tv
eye 85
favorite 0
quote 0
is china your best bet in 2013? joining us is chief china equity strategist at goldman sachs. always great to speak with you. >> those pmi numbers seven-month high. fourth month gain. it is the longest streak in more than a year for the chinese currency and the stock market lowest level since 2009. what is telling the true story? >> well, i think obviously we are seeing pretty reasewassurin cyclical signs and the market is reacting more. there has been a big divergence in terms of performance. the reason the asian market is not turning so much is because it is less correlated to the global market. and secondly i think it is just not only focusing on structural reform issues more but more bearish on the cyclical outlook. those are probably some of the key differences. we think that tha asia market guys are a little too bearish on the cyclical and reform side. we think that 2013 returns will be a little higher for a versus for h. >> you have introduced with your most recent note at the end of november a reform basket of stocks. can you walk us through what that means? >> over th
is china your best bet in 2013? joining us is chief china equity strategist at goldman sachs. always great to speak with you. >> those pmi numbers seven-month high. fourth month gain. it is the longest streak in more than a year for the chinese currency and the stock market lowest level since 2009. what is telling the true story? >> well, i think obviously we are seeing pretty reasewassurin cyclical signs and the market is reacting more. there has been a big divergence in terms of...
72
72
Dec 11, 2012
12/12
by
FBC
tv
eye 72
favorite 0
quote 0
neil: klein is buying, -- china is buying, this is getting insane. >> we mean it, santa knows, prices are insane! hit my me, t me [ laughter ] neil: those predicts within 50 years china could be premiere financial economic giant, they have moved it to 20 years, and it is getting less and less time as we speak, so within 20 years, china eclipses us as the financial juggernaut of the world, carlos gutierrez, what do you make of that? >> they reduced growth rate to about 5% of out years, they must be making low assumptions about u.s. growth rate, but this is a wake-up call we have to be thinking about the future, for some reason, the report talks about a governnnce gap. i think we have a political crisis that stems from the fact that we can't seem to -- to look forward, we're always solving yesterday's problem or today's crisis, but we have to start looking to the future, we have an immigration system that dates back to the '50s we're not opening new trademmrket. you know we're just -- our energy we could have energy independence by 2020, we should be running full speed ahead. neil: this
neil: klein is buying, -- china is buying, this is getting insane. >> we mean it, santa knows, prices are insane! hit my me, t me [ laughter ] neil: those predicts within 50 years china could be premiere financial economic giant, they have moved it to 20 years, and it is getting less and less time as we speak, so within 20 years, china eclipses us as the financial juggernaut of the world, carlos gutierrez, what do you make of that? >> they reduced growth rate to about 5% of out...
108
108
Dec 5, 2012
12/12
by
CNBC
tv
eye 108
favorite 0
quote 0
the china ftse. this is a place i think we're goings higher. >> gnat gas up 4%. >> got a beth of a boost. also from companies wanting to get a little more gassy. >> oh. >> well, they are. they want to get some of this natural gas offshore and i still like it. >> grasso? >> i bought mc, i bought ac steel and i bought big steel, leonard x. i've already sold all three. i've clipped my profit. i'm done for now. if the global economy is doing better, they will continue to go higher. >> up 7%, western digital. mike? >> accelerated dividend is one. >> and we've got a pop here for honey boo boo. >> what? >> what do secretary of state hillary clinton, chris christie and honey boo boo have in common? they've all been placed on barbara walters' most fascinating list. honey boo boo has her fair share of critics including adam lee convenient and south parks. she's sweet loving. look at that face. >> so that's not a sign? >> what? >> of the myan prophecy. >> i knew you were going there. >> that's scary. >> all rig
the china ftse. this is a place i think we're goings higher. >> gnat gas up 4%. >> got a beth of a boost. also from companies wanting to get a little more gassy. >> oh. >> well, they are. they want to get some of this natural gas offshore and i still like it. >> grasso? >> i bought mc, i bought ac steel and i bought big steel, leonard x. i've already sold all three. i've clipped my profit. i'm done for now. if the global economy is doing better, they will...
209
209
Dec 17, 2012
12/12
by
CNBC
tv
eye 209
favorite 0
quote 0
and china did 2 million iphone 5s. europe is week. but with demands elsewhere looking healthy, some numbers at least seem to be going apple's way. the question is whether samsung and amazon are meaningfully zapping the apple products. >> all right, jan. thanks so much. >> we've got both sides of that debate right now. the iphone 5's big debut in china is further proof that apple's fundamentals are solid one says. but stewart jeffrey is not sold. he says rivals like google's android are catching up. we were just talking there. jon pointing out the other competition out there. stock down 25% in the last three months. you remain bullish though. why? >> i do. i think a lot of the selling has to do with capital gains taxes. i think it was from the 700 level. and then you had another wave of it with long-term capital gains taxes. fears of that after the election we think caused an issue. we think that's why the stock is down. we still think it's quite solid. >> what about the competitive environment? stewart, that's one you've been looking
and china did 2 million iphone 5s. europe is week. but with demands elsewhere looking healthy, some numbers at least seem to be going apple's way. the question is whether samsung and amazon are meaningfully zapping the apple products. >> all right, jan. thanks so much. >> we've got both sides of that debate right now. the iphone 5's big debut in china is further proof that apple's fundamentals are solid one says. but stewart jeffrey is not sold. he says rivals like google's android...
59
59
Dec 13, 2012
12/12
by
CNBC
tv
eye 59
favorite 0
quote 0
china is growing as a luxury buyer. and although their falloff, tiffany's had high profile warnings base and weaker china, they're going to grow % next year and on top of that the following year. how do you call it quilts here? >> the power gauge is my guide here. china retail sales were up 15% recently. that came out of the blue. you have to go with a disciplined approach to the stocks. if the power gauge is bearish, and it's not bearish on all, but if the power gauge is bearish, i think this is a great place to raise cash. >> we're showing charts and the gauges for tiffany as well as coach and they are very l leveraged to china. >> no doubt. >> the negative power gauge there. there is one stock that you brought with you, mark, that is positive in terms of the power gauge, and that is yahoo!, a pick of steve's for a long time. >> i like it for some of the same reasons. but the key here is they are hiring engineers. they bought on the air and the reason is they know these engineers from google. they've been terribly und
china is growing as a luxury buyer. and although their falloff, tiffany's had high profile warnings base and weaker china, they're going to grow % next year and on top of that the following year. how do you call it quilts here? >> the power gauge is my guide here. china retail sales were up 15% recently. that came out of the blue. you have to go with a disciplined approach to the stocks. if the power gauge is bearish, and it's not bearish on all, but if the power gauge is bearish, i think...
143
143
Dec 21, 2012
12/12
by
CNBC
tv
eye 143
favorite 0
quote 0
china not as bad as we though, u.s. very strong. so nike, if it goes back to 97, it means we're going to have a real bad couple of days in my view. look at red hat. red hat is a technology company that is deeply involved in the cloud. they, too, had a better than expected number, as did oracle in the cloud. so these are my two tales for the trading today, david. if you pick the best of the best and they go down, you'll really have a couple of -- >> when it comes to the so-called cloud play and the use of it in the competition here, is that one of the key names? >> yes, it allows you to manage cloud in a cheap -- an anti-microsoft business. their partner is sales force.com. i'm really using these as tells. in other words, these are the ones where there's natural buyers. as we just found out how good things are. it wasn't like we found out a month ago. we just found out last night. if they have resilience, the market is going to be more resilient than people think. if they give up the ghost, i think next week's going to be difficult,
china not as bad as we though, u.s. very strong. so nike, if it goes back to 97, it means we're going to have a real bad couple of days in my view. look at red hat. red hat is a technology company that is deeply involved in the cloud. they, too, had a better than expected number, as did oracle in the cloud. so these are my two tales for the trading today, david. if you pick the best of the best and they go down, you'll really have a couple of -- >> when it comes to the so-called cloud...
70
70
Dec 10, 2012
12/12
by
CNBC
tv
eye 70
favorite 0
quote 0
china's corporate criminals who are often inditing wishable. we don't want to give the chinesing nomic sift apple larger footprint into american capitalism. secondly, this makes a mock rift green energy policies. the main rational for which was we don't want these so-called industries of the future controlled by foreign countries and by foreign companies. and here we are, transferring all of this property over to a chinese company. and there was an american buyer. there was an american buyer. an american-owned option. >> on that point, alan, is there any sensitive technology or information that is going to be given to the chinese through this trance ak. >> that's a great question, mandy. you are broadcasting from northern jersey, right sni think you recently you learned how important electricity grids are, right? when you don't have electrical power bb life becomes very bad. a123 is making product that helps control the electricity grid system. do we want the chinese owning this technology? the possibility for sabotage is after t astro nom cal.
china's corporate criminals who are often inditing wishable. we don't want to give the chinesing nomic sift apple larger footprint into american capitalism. secondly, this makes a mock rift green energy policies. the main rational for which was we don't want these so-called industries of the future controlled by foreign countries and by foreign companies. and here we are, transferring all of this property over to a chinese company. and there was an american buyer. there was an american buyer....
78
78
Dec 13, 2012
12/12
by
CNBC
tv
eye 78
favorite 0
quote 0
the reality is is the rate of growth of china, if you look at the long-term prospects for china, they're extraordinary. you realize that china is just in the first phases of a long-term domestic development. they're building an infrastructure of transportation, building an infrastructure of consumption in so many different parts of the world. it's such -- so many different parts of the country. it's not just what shanghai, beijing does. it's what so many other parts of the world are doing. and i think the long term over the next 20 to 40 cleyears of development for china. >> thanks for coming on. william lauder, talk to you again soon. i mean, china, their overall story, steph, sounds pretty good. >> it does. >> whether it's chip that or here in the united states. do you run with that? >> it's trading at 23 times forward estimate. it's expensive. certainly great double-digit growth. they're doing a great job on margins. based on his comments, look at coach, 12 times forward estimates and they've got a great presence in china and trying to increase their market share. they've got a great
the reality is is the rate of growth of china, if you look at the long-term prospects for china, they're extraordinary. you realize that china is just in the first phases of a long-term domestic development. they're building an infrastructure of transportation, building an infrastructure of consumption in so many different parts of the world. it's such -- so many different parts of the country. it's not just what shanghai, beijing does. it's what so many other parts of the world are doing. and...
286
286
Dec 10, 2012
12/12
by
CNBC
tv
eye 286
favorite 0
quote 1
numbers came out saturday for china. i think italy has been remarkably good. so this was a big game changer. italy had been a part of the good story of european recovery. now it's back. >> all to monti was never intended to be there for the long term. >> sure. >> in fact, he may be leaving a month earlier than originally planned. this should not be a surprise in the larger context. while we may mention berlusconi's name right now, he's not expected to win. >> look, we knew that monti was successful. >> it may be whoever follows him is going to roll some of the gains that he's had. so-called gains. >> that's going to cause ripples here. look, on saturday night, i said, we're going to have a nice opening. china's good, people know that monti is not really going to hurt italy. i think if china continues the momentum, but the number -- >> the ex sports were less than expected in the month of november. which is a concern. then there's this perverse glass half full, that some data comes in lower, it might fuel the case for sti
numbers came out saturday for china. i think italy has been remarkably good. so this was a big game changer. italy had been a part of the good story of european recovery. now it's back. >> all to monti was never intended to be there for the long term. >> sure. >> in fact, he may be leaving a month earlier than originally planned. this should not be a surprise in the larger context. while we may mention berlusconi's name right now, he's not expected to win. >> look, we...
1,285
1.3K
Dec 10, 2012
12/12
by
FBC
tv
eye 1,285
favorite 0
quote 0
the theme of china by north american exits. the leasing company is huge, the second-largest leasing company in the world, aircraft leasing company after ge. ashley: is attractive because of the emerging amount of travelers in asia? >> absolutely. they will be 40% of the aircraft market through 2026, 500 airplanes each giving them a big hole. it is a great deal for them, not a particularly robust evaluation for aig, but i don't think they care that much. they pay down most of what they owed the government. implied value, $5.3 billion is about half of the value of the stock. it is not such a bad deal even though it be counting book value of this deal is only the truly off 100% roughly, 50-65% and other transactions in leasing for more robust prices. the big issue to me, the theme yoyou're starting to see is chia is buying north american assets. they're not satisfied with that. a query for $15 billion canadian energy company. they are buying other think of these subject to government approval systems, electric battery maker in ban
the theme of china by north american exits. the leasing company is huge, the second-largest leasing company in the world, aircraft leasing company after ge. ashley: is attractive because of the emerging amount of travelers in asia? >> absolutely. they will be 40% of the aircraft market through 2026, 500 airplanes each giving them a big hole. it is a great deal for them, not a particularly robust evaluation for aig, but i don't think they care that much. they pay down most of what they...
105
105
Dec 25, 2012
12/12
by
FBC
tv
eye 105
favorite 0
quote 0
you are not going to call a plumber from china to unclog your toilet or a welder. neil: so now you are saying that we have to encourage this. so we put almost a scarlet letter to a? >> it is hollywood's fixation they came out of the charlie chaplin view of factory workers. it's not like that anymore. you have to have computer skills. people who give advice to high school kids should say, start educating kids like we used to. neil: even if they found their jobs that don't pay what they used to, in this environment, it will pay you anything you are going to get and you will be grateful for it. >> the government has to understand. [talking over each other] [talking over each other] neil:what about barack obama? >> the government needs to get out of the way. manufacturing is to america what spinach is to popeye. the strength of america is manufactured. neil: you don't think we can have a great country based on service? >> again, you go back to our terminals and electricity has to come through there. where you get do you get that from? a hydroelectric dam words power th
you are not going to call a plumber from china to unclog your toilet or a welder. neil: so now you are saying that we have to encourage this. so we put almost a scarlet letter to a? >> it is hollywood's fixation they came out of the charlie chaplin view of factory workers. it's not like that anymore. you have to have computer skills. people who give advice to high school kids should say, start educating kids like we used to. neil: even if they found their jobs that don't pay what they...
131
131
Dec 17, 2012
12/12
by
CNBC
tv
eye 131
favorite 0
quote 1
their user base is highly mobile in china. these guys have to prove to people they can compete in the same space that google is trying to but they dominant. they don't have any competitors out there and this s.e.c. investigation into the chinese internet names is overdone. this is a great place on the chart. momentum is with you. >> pete, you're going to tim's girl, actually. >> tim's old girl. everybody's hated nokia. this stock was underneath $2 a share. i think this thing is fascinating. the 920 phone and the fact they actually have a contract with china mobile. 700 million subscribers, more than that. this company with the windows 8, i think there's a lot of different catalysts out there. we saw you unusual activity in this name. it was trading around $2. today, $4 a share. i think nokia's not going to beat up on apple, but if you want performance, that's the name to be in. >> gain market share at apple's expense? >> i think they can gain some market share. i don't know if it's at apple's expense, htc, whoever it is going
their user base is highly mobile in china. these guys have to prove to people they can compete in the same space that google is trying to but they dominant. they don't have any competitors out there and this s.e.c. investigation into the chinese internet names is overdone. this is a great place on the chart. momentum is with you. >> pete, you're going to tim's girl, actually. >> tim's old girl. everybody's hated nokia. this stock was underneath $2 a share. i think this thing is...
158
158
Dec 10, 2012
12/12
by
CNBC
tv
eye 158
favorite 0
quote 1
now you get china. if europe can stabilize, i think we can go much higher. >> how many days, if you add headline that monty was thinking about, going out and bursceloni was thinking about coming back. follow me on twitter. and "power lunch" begins right now. >> halftime is over. "power lunch" and second half of the trading day starts right now. >> and here we are. welcome to "power lunch." as you can see, we are beth here on the floor of the new york stock exchange. and stocks are higher as fiscal cliff song and dance continues in washington. mr. boehner says he is waiting for a proposal from this gentleman, the president. president obama. and the president is set to speak about the cliff and the a economy later today. >> i thought i was supposed to come here today. you thought you were supposed to come here today. so we are both here. not really, folks. a lot of talk today is about what investors should do if we go over the cliff. what should we do if there is a debt deal before year-end or shortly the
now you get china. if europe can stabilize, i think we can go much higher. >> how many days, if you add headline that monty was thinking about, going out and bursceloni was thinking about coming back. follow me on twitter. and "power lunch" begins right now. >> halftime is over. "power lunch" and second half of the trading day starts right now. >> and here we are. welcome to "power lunch." as you can see, we are beth here on the floor of the new...
139
139
Dec 10, 2012
12/12
by
FBC
tv
eye 139
favorite 0
quote 0
decent data out of china. define beautifully. now we're back about 1700 for gold, but where does it go for here? >> you can see gold over the next year we could see it very definitely outperforming equities to the tune of two to 3%. if equities put in a positive year next year, which would be a bit of a surprise given the historical data that would support a negative performance and given the fact industrial production is sweeping in the eu, gdp in the u.s. has hardly been status. it seems to be with guidance what is is in earnings what they are, i think you could see gold definitely outperform equities two to three multiples. if the fed continues its current policy of supporting risk. david: which they probably will. let me reach on backend because following commodities as close as anybody. john, what do you think of that, is it conceivable in 2013 we may see commodities, particularly cold do better than or maybe even twice as well as equities? >> i think there's little doubt that will happen, david. i would throw into the argum
decent data out of china. define beautifully. now we're back about 1700 for gold, but where does it go for here? >> you can see gold over the next year we could see it very definitely outperforming equities to the tune of two to 3%. if equities put in a positive year next year, which would be a bit of a surprise given the historical data that would support a negative performance and given the fact industrial production is sweeping in the eu, gdp in the u.s. has hardly been status. it...
266
266
Dec 7, 2012
12/12
by
CNBC
tv
eye 266
favorite 0
quote 0
how good is china? how weak is china. don't worry about it. unit growth coming back. china will follow in terms of same store. the market disagrees. i think the stock is very cheap. it's show me. until we see an inflection point in china, right now people feel like it's gone like this. be careful. yum. >> there are some lonely bulls out there on yum even at these levels. >> i happen to think that the united states could turn. i like the ceo. he's always reacted to whatever is bad. i don't want to write-off yum. i feel like this was so devastating. i got to see something positive before i can come on this show and say buy it. >> how about wsm? >> here's a terrific report. they say the growth story is unappreciated. william sonoma next week pier 1 reports next week restoration hardwa hardware. everything in the house is doing better. possible sandy story. possible employment story. where would those employment numbers be had it not been for sandy? business is real good for ll. no one wants to say our business is great because of sandy because of the loss of life and the
how good is china? how weak is china. don't worry about it. unit growth coming back. china will follow in terms of same store. the market disagrees. i think the stock is very cheap. it's show me. until we see an inflection point in china, right now people feel like it's gone like this. be careful. yum. >> there are some lonely bulls out there on yum even at these levels. >> i happen to think that the united states could turn. i like the ceo. he's always reacted to whatever is bad. i...
72
72
Dec 6, 2012
12/12
by
CNBC
tv
eye 72
favorite 0
quote 0
china. i respect samsung but apple still has cache. >> i think the bottom line from the stock perspective and getting away from the company a little bit -- because we all know all of the size of it and how much cash and all of that. just looking at the stock itself, this thing is up 8,000% the last ten years. don't think that anyone should be looking at it as having that opportunity or anything even remotely close to that going forward. so when tony says the story's changing, it is changing, but changing doesn't necessarily mean it's going somewhere negati negative. it's just going to be a different type of opportunity. >> well said as always, josh. but you also probably made the case for the capital gains sale excuse that a lot of people have been throwing out there. >> it's up 40% this year versus an s&p that's up closer to 10%. don't be shocked. everyone owns it. >> tony is right, ecosystem is worth a great deal of money. if you split up the iphone, i-mac, the iphone, it wouldn't be the s
china. i respect samsung but apple still has cache. >> i think the bottom line from the stock perspective and getting away from the company a little bit -- because we all know all of the size of it and how much cash and all of that. just looking at the stock itself, this thing is up 8,000% the last ten years. don't think that anyone should be looking at it as having that opportunity or anything even remotely close to that going forward. so when tony says the story's changing, it is...
70
70
Dec 26, 2012
12/12
by
CNBC
tv
eye 70
favorite 0
quote 0
it's not in china play. no, they have a small percentage of their sales in china and some tourist business here so you can forget about that, but even if it were, china sales are down. >> and i think we're saying the same thing in essence. my belief is, look, they're coming after this consumer discretionary spending. they came after the luxury end. they came after coach. there's not much juice to squeeze out. on the other side of that that gives the potential for coach to rally. >> i'd rather go to nordstrom. i'd rather play the luxury end. >> why nordstrom? >> i'm not counting on coach and coeurs. the high end consumers, there are have i few places for them to go in terms of broad line. >> the high end consumer rolls over altogether both you guys lose? >> absolutely. what i'm saying is that you're going to lose less. in the luxury space i mentioned before tiffany, i think the benefit that you have with tiffany, this is another name that you could play, is you've got that exposure to the potential recovery i
it's not in china play. no, they have a small percentage of their sales in china and some tourist business here so you can forget about that, but even if it were, china sales are down. >> and i think we're saying the same thing in essence. my belief is, look, they're coming after this consumer discretionary spending. they came after the luxury end. they came after coach. there's not much juice to squeeze out. on the other side of that that gives the potential for coach to rally. >>...
105
105
Dec 12, 2012
12/12
by
FBC
tv
eye 105
favorite 0
quote 0
take a look around, you have an interesting opportunity in china as the economy we accelerated in recent months and they can spend money through stimulus and they are cutting rates because they have a long way to go. i have levers to pull the rest of the developed world has already pulled and the pedal to the metal so it could be some opportunities. liz: what happens to the market tomorrow, do we recover, yes or no? >> all the euphoria built up ahead of the meeting has been poured in the market and it will continue to go down. liz: a lively discussion on 6.5%, you will not see it until we hit that unemployment number. it seems like a long ways away. the closing bell in 16, 17 minutes. the hemorrhaging continues on wall street affecting morgan stanley but with a twist, breaking news from the firm straight from charlie gasparino. exclusive that you cannot miss. copd makes it hard to breathe, but with advair, i'm breathing better. now i can be in the scene. advair is clinically proveto hp signicantly improve lung function. unlike most copd medications, advair contains both an anti-inflammat
take a look around, you have an interesting opportunity in china as the economy we accelerated in recent months and they can spend money through stimulus and they are cutting rates because they have a long way to go. i have levers to pull the rest of the developed world has already pulled and the pedal to the metal so it could be some opportunities. liz: what happens to the market tomorrow, do we recover, yes or no? >> all the euphoria built up ahead of the meeting has been poured in the...
182
182
Dec 10, 2012
12/12
by
CNBC
tv
eye 182
favorite 0
quote 0
china numbers tomorrow. then germany. maybe nothing there. i think everybody wants to fast forward to tuesday. they want to see what happens after operation twist expires. they want to see what bernanke said at 2:00. that's what we're looking at. >> we're always waiting around for something to happen. and if you wait around and climb this wall of worry, right, don't you sometimes miss out? >> i think you're right. and i think that we do expect something here this wednesday. and if we don't get that $45 billion a month program that actually creates money supply, i think you might see a little selloff. but i think it's priced in at this point. so i think we do have a big question mark here. but it may be answered this week. i think that's what traders are focused on. it's a big last three days after a quiet two days this week. >> i want to ask rick about that in a moment. you're in the camp that any deal of the fiscal cliff will be positive for the market at this point. right? >> any type of rhetoric coming out of washington, d.c. has put a bid
china numbers tomorrow. then germany. maybe nothing there. i think everybody wants to fast forward to tuesday. they want to see what happens after operation twist expires. they want to see what bernanke said at 2:00. that's what we're looking at. >> we're always waiting around for something to happen. and if you wait around and climb this wall of worry, right, don't you sometimes miss out? >> i think you're right. and i think that we do expect something here this wednesday. and if...
98
98
Dec 7, 2012
12/12
by
CNBC
tv
eye 98
favorite 0
quote 1
it's not going to china because they're becoming uncompetitive. >> exactly. i think a lot of companies are recognizing that the attraction is to do jobs here because it will be able to minimize their risk. there's a lot of concentration overseas particularly in india which historically has been the epicenter of all the i.t. jobs that have gone offshore. >> how much do you think this is going to start creating jobs back here in america. we see companies all the time onshoring as opposed to outsourcing. >> well, more and more and more they're bringing jobs back here. they are aware, if they're able to quantify all the hidden costs, all the indirect costs and they're able to see that it's actually more competitive to have people work here in the united states and in terms of cost, when you analyze all that, you really will see that it's actually about the same or even slightly cheaper to do it here now. >> isn't that kind of -- it's good that we're creating jobs, but isn't that kind of sad in the united states we're saying it is cheaper to do business all-in thi
it's not going to china because they're becoming uncompetitive. >> exactly. i think a lot of companies are recognizing that the attraction is to do jobs here because it will be able to minimize their risk. there's a lot of concentration overseas particularly in india which historically has been the epicenter of all the i.t. jobs that have gone offshore. >> how much do you think this is going to start creating jobs back here in america. we see companies all the time onshoring as...
215
215
Dec 6, 2012
12/12
by
CNBC
tv
eye 215
favorite 0
quote 0
if china bounces back quicker than we anticipate, or if europe flattens out. we're optimistic next year. we want to make sure our clients are in this market. >> scott, good to have you on the program. >> all right. thanks, guys. >> you know, he's not alone. lots and lots of analysts are coming out with their forecasts for next year. pretty bullish. >> even morgan stanley, right? >> yeah, for once. all right. heading toward the close here with about 12 minutes left. the dow hanging on to a gain of about 30 points. >> the situation with anti-virus software pioneer john mcafee is going from strange to surreal. he's now in custody. now reportedly has had two heart attacks. we're going to tell you the latest on this bizarre and evolving story. >>> also, the ceo of accounting giant recently met with president obama. he say miss other ceos in that meeting agreed the tax rates for the wealthy have to rise as part of any fiscal cliff deal. he joins us exclusively later on "the closing bell." stay tuned. [ male announcer ] this december, remember -- ♪ you can stay in
if china bounces back quicker than we anticipate, or if europe flattens out. we're optimistic next year. we want to make sure our clients are in this market. >> scott, good to have you on the program. >> all right. thanks, guys. >> you know, he's not alone. lots and lots of analysts are coming out with their forecasts for next year. pretty bullish. >> even morgan stanley, right? >> yeah, for once. all right. heading toward the close here with about 12 minutes left....
99
99
Dec 15, 2012
12/12
by
CNBC
tv
eye 99
favorite 0
quote 0
the iphone's not selling well in china. something i heard today. we heard they don't have the same carrier sponsors. samsung is loved over there. that means numbers may come down again. why not take them down, do it simultaneously with taking the price target down, particularly one that's become an absurdity in the high 700s. that's exactly what one analyst did today, cut the price target and the numbers, which were too high. and that frightened people. my take on apple, i am not dogmatic, people, but i'll give you my story. my charitable trust owned it for a long time. one of our longest held positions. we did some selling about 90 points ago. why? because the stock had gone up so much that we had become the apple fund. so we took some profits. i confess to also being worried that the company lacks any new omg products and that could dim the company's long-term prospects. but we're holding on to the rest of our position in the trust because i think apple's a good investment that's inexpensive, even after the analyst numbers we got today. can't tra
the iphone's not selling well in china. something i heard today. we heard they don't have the same carrier sponsors. samsung is loved over there. that means numbers may come down again. why not take them down, do it simultaneously with taking the price target down, particularly one that's become an absurdity in the high 700s. that's exactly what one analyst did today, cut the price target and the numbers, which were too high. and that frightened people. my take on apple, i am not dogmatic,...
197
197
Dec 14, 2012
12/12
by
CNBC
tv
eye 197
favorite 0
quote 0
people are concerned about the inventory building in china putting a lid on the stock. now, i am looking for a lid to be blown off by a turn in china eventual l. maybe not this quarter. while the u.s., i think, is strong because of foot locker, but some analyst came out today and said u.s. is even weak. remember, nike trades on futures orders, not on earnings. so if you're dumb enough to want to trade in after hours, be aware, you might be trading on the wrong number. friday. these are big brand names. what a big week next week. friday we get results from walgreen's. i feel badly for wag. we just heard from cvs yesterday which boosted its numbers. that's a tough comparison to go against. i don't know how walgreen's can keep up. i will say this, though, the drug stores have been in secular share take mode from other stores, which is one reason why cvs was able to deliver such a strong number p. and i think walgreen's will show better numbers now that it's put its express scripts tiff behind it. moving over to cvs. that was really he helpful for c slchlt s. the gigantic p
people are concerned about the inventory building in china putting a lid on the stock. now, i am looking for a lid to be blown off by a turn in china eventual l. maybe not this quarter. while the u.s., i think, is strong because of foot locker, but some analyst came out today and said u.s. is even weak. remember, nike trades on futures orders, not on earnings. so if you're dumb enough to want to trade in after hours, be aware, you might be trading on the wrong number. friday. these are big...
174
174
Dec 19, 2012
12/12
by
CNBC
tv
eye 174
favorite 0
quote 1
china coming back. gm rationalizing europe. >> gm europe, when you say a couple quarters behind ford, are you saying progress in the quarterly financials? >> committed to rationalizing europe. >> again, a larger theme of excess capitalization at u.s. corporations, and the fact that so much money is sitting on balance sheets doing nothing. >> did you read oracle? how much money do they have. they bought back 10 billion worth of stock. these companies, you read through their stories, and you say, not only did they not extend themselves during this downturn, they conserved a lot of cash. by the way, humans did, too, in america. have you seen the numbers that the federal reserve put out last night about how much money is being -- how little debt is being taken down by citizens. we're back to levels of the '90s. federal household debt service came out last night. the percentage of disposable income is 14%, down to 10%. that's 1994 levels. >> that's a big part of morgan stanley's call on citi today. from over
china coming back. gm rationalizing europe. >> gm europe, when you say a couple quarters behind ford, are you saying progress in the quarterly financials? >> committed to rationalizing europe. >> again, a larger theme of excess capitalization at u.s. corporations, and the fact that so much money is sitting on balance sheets doing nothing. >> did you read oracle? how much money do they have. they bought back 10 billion worth of stock. these companies, you read through...
182
182
Dec 17, 2012
12/12
by
FBC
tv
eye 182
favorite 0
quote 1
it has done even better in china, $84 million in china alone versus 70 million in the u.s. so far. lastly there is this, watch out, espn. fox sports may be coming after you. espn worth more than $40 billion. now the "wall street journal" is reporting fox is looking at setting up a new sports channel next year rebranding a car racing channel right now known as speed. the highest priced channel of all at $5 per home per month paid by cable systems, speed now charges $0.22 per month, lots of room for upside. cheryl: the niche sports channels are really taking off. i know fox has always had fox local, perhaps now going even further. dennis: nobody has even come close to espn. fox making big bets on football, baseball, nascar. 39% stake in the yankees network yes. coming after you, espn. cheryl: with two eeks left and no deal in sight, small-business owners across the country are planning ahead of the cliff. dennis: an auto repair shop in illinois. just. >> mr. transmission. these are small businesses, they don't make a lot of money. i want to get a handle as we look at a transmission b
it has done even better in china, $84 million in china alone versus 70 million in the u.s. so far. lastly there is this, watch out, espn. fox sports may be coming after you. espn worth more than $40 billion. now the "wall street journal" is reporting fox is looking at setting up a new sports channel next year rebranding a car racing channel right now known as speed. the highest priced channel of all at $5 per home per month paid by cable systems, speed now charges $0.22 per month,...
150
150
Dec 12, 2012
12/12
by
KTVU
tv
eye 150
favorite 0
quote 0
the stock market is undervalued right now because of all the noise in europe, the fiscal cliff, and china. with that in mind, i think your best bet is to stay near normal valuations for 2013. > there is nothing you want to take off the table right now, right? take some profits home so you don't have to deal with the tax gains issue of next year? nothing? > > put it this way: i would rather be in financials and materials than i would be in energies and utilities. so if you are overweight in energies and utilities, perhaps sell that. i think the best group next year is going to be financials and materials. > run with the banks. good to have you on the show. that is larry shover of sfg alternatives. > > thank you. legislation dramatically shrinking the power of unions has won approval in michigan. last night, governor rick snyder signed two bills into law that change michigan into a right-to- work state. thousands of protestors for and against the measure staged demonstrations inside and outside the capitol in lansing, michigan. despite shouts from pro-union workers, the gop-led house okayed
the stock market is undervalued right now because of all the noise in europe, the fiscal cliff, and china. with that in mind, i think your best bet is to stay near normal valuations for 2013. > there is nothing you want to take off the table right now, right? take some profits home so you don't have to deal with the tax gains issue of next year? nothing? > > put it this way: i would rather be in financials and materials than i would be in energies and utilities. so if you are...
174
174
Dec 10, 2012
12/12
by
CNBC
tv
eye 174
favorite 0
quote 0
we had better data out of china last week. household net worth increased by $1.7 trillion which was a big number for the fed. it says the bernanke policies are working. in terms of clients what they're doing, obviously there's a lot of clouds on the horizon short-term. but longer term, it's positive. so right now towards the end of the year what we've been seeing is a lot of accounts looking to take out short positions and stocks that have been hef sli shorted. so you've seen stocks like sears holdings, jcpenney, hewlett-packard, facebook, all those types of stocks that have a high short interest. since there's not a lot of clarity outside in terms of the fiscal cliff, they're going after those shorts and pressing them to the table. [ overlapping speakers ] >> -- quality dividends. if you see volatility happening, it's going to strong balance sheets. buy stability, protection, fundamentals. >> and remember that every central bank in the world is full bore in the mote. it's just a matter of time when that velocity picks up. we
we had better data out of china last week. household net worth increased by $1.7 trillion which was a big number for the fed. it says the bernanke policies are working. in terms of clients what they're doing, obviously there's a lot of clouds on the horizon short-term. but longer term, it's positive. so right now towards the end of the year what we've been seeing is a lot of accounts looking to take out short positions and stocks that have been hef sli shorted. so you've seen stocks like sears...
198
198
Dec 19, 2012
12/12
by
CNBC
tv
eye 198
favorite 0
quote 0
/china relationship? >> well, i think that it's a little too early to tell that this is symptomatic of the new administration. but i do expect that there will be progress in certain areas. china has been asking the u.s. to lift restrictions on high-tech exports. and i gather that the obama administration is consider something kind of overhaul of the current restrictions. so there might be some change there was benefit to china. and on the u.s. side, the u.s. would like china to lift restrictions on imports of livestock. and it looks like china is willing to do that on a gradual basis. so i think that there would be some positives coming out of these meetings today and tomorrow. >> and lastly, frank, what would be the most significant policy move period to come from this. again, aside from the news we've already heard about the import duties, are you looking for any big-name tie-ups, or is this about meeting and shaking hands, especially because the u.s. leadership still isn't settled, erkts speci especial
/china relationship? >> well, i think that it's a little too early to tell that this is symptomatic of the new administration. but i do expect that there will be progress in certain areas. china has been asking the u.s. to lift restrictions on high-tech exports. and i gather that the obama administration is consider something kind of overhaul of the current restrictions. so there might be some change there was benefit to china. and on the u.s. side, the u.s. would like china to lift...
101
101
Dec 15, 2012
12/12
by
CSPAN2
tv
eye 101
favorite 0
quote 0
with that said, and while i appreciate, greatly appreciate the suggestion and others to china and on behalf of this, i don't think it is incredibly lightly and will begin to nod. if asked, of course i would serve again. >> host: good afternoon. >> caller: thank you so much for taking my call. i would like you to name names. who are these criminals and how can we get them into prison? >> guest: well, unfortunately, we are running at a time. there is a five-year statute of limitations for most of the activity that would have led up to the financial crisis, so it is now late 2012, which means that anything, any criminal conduct that occurred before november 2007 is now barred by the statute of limitations. i think that fortunately we have run and the time to bring those types of cases. now, of course i can't say this person is a colonel and dispersed as a criminal. and get sued for that because ultimately the department of justice has decided not to pursue those cases, but when you look at some of the investigations, the information that came on the investigations, it certainly suggests
with that said, and while i appreciate, greatly appreciate the suggestion and others to china and on behalf of this, i don't think it is incredibly lightly and will begin to nod. if asked, of course i would serve again. >> host: good afternoon. >> caller: thank you so much for taking my call. i would like you to name names. who are these criminals and how can we get them into prison? >> guest: well, unfortunately, we are running at a time. there is a five-year statute of...
76
76
Dec 10, 2012
12/12
by
FBC
tv
eye 76
favorite 0
quote 0
dennis: here comes china. a new u.s. intelligence report says beijing will have the world's largest economy by 2030. cheryl: and also coming up, we're going to tell you which banking chief bought this hamptons' home that was listed on the market for $32.5 million. deps dennis but i'll betcha they got it for a steal, for like only 29 million. and a look at some of today's winners over on the s&p. nicole: i am nicole petallides live on the floor of the new york stock exchange. every 15 minutes on fox business, we do stocks now. this could be a record setting day for fedex. they are saying that they plan on moving 19 million packages today. this would be their busiest day ever for the company. they are saying that e-commerce is one of the reasons why they expect this growth. we will see overall, year over year, for this season, possibly a 13% growth year over year. dennis: they are so early. i am so impressed. thank you very much. federal reserve buys $40 billion in mortgage-backed securities each month. you can see it will
dennis: here comes china. a new u.s. intelligence report says beijing will have the world's largest economy by 2030. cheryl: and also coming up, we're going to tell you which banking chief bought this hamptons' home that was listed on the market for $32.5 million. deps dennis but i'll betcha they got it for a steal, for like only 29 million. and a look at some of today's winners over on the s&p. nicole: i am nicole petallides live on the floor of the new york stock exchange. every 15...
137
137
Dec 6, 2012
12/12
by
CNBC
tv
eye 137
favorite 0
quote 0
>> well, he didn't speak to motive but i am guessing, tyler, given all the talk about china, given all the china problems they've had, working conditions, salaries, his forced trip over there, i'm guessing they think this would and good idea. they talk a lot about skilled labor over here and not educating the kinds of workers they need. but it's just one of the points he kind of scatters through this first real interview which was months upon months in the making, as i need not tell you. >> yes, indeed. sometimes dealing with apple, it takes a long, long time to get through. but once you do, they're very forthcoming. brian, did he speak at all to -- i don't want to use the word burden but in some ways it is a burden. they don't produce a lot of products every year but they do produce products that they consider revolutionary, that changes for the greater good the american society and the way business is done. that's a pretty heavy burden and mantel to carry for a company and for a ceo. >> it is. americans all around the world, when people get a little harsh on what happened to the amer
>> well, he didn't speak to motive but i am guessing, tyler, given all the talk about china, given all the china problems they've had, working conditions, salaries, his forced trip over there, i'm guessing they think this would and good idea. they talk a lot about skilled labor over here and not educating the kinds of workers they need. but it's just one of the points he kind of scatters through this first real interview which was months upon months in the making, as i need not tell you....
122
122
Dec 26, 2012
12/12
by
CNBC
tv
eye 122
favorite 0
quote 0
industrial metals that got a boost as we saw rallies in asia on hopes that maybe this new regime in china is going to be spending more helping to prop up the property department there, housing, than might mean more demand for industrial metals. copper today, the standout in part because of that. also, a different note, the s.e.c. ahead of the holiday delayed a decision on the proposed etf, according to the "wall street journal," the etf would hold twice as much copper in terms of holdings compared to the jpmorgan holding approved on december 14th. >> i think 182,000 physical tons they could take off the market. we'll revisit it later. for a moment, thank you. bob pisani is joining me on the floor of the nyse. the big discussion is about retail and what the figures from mastercard tell us. >> i just want to point out that the dow industrials dropped in the middle of the day. there had been some concern the house leadership which is all coming back now did not send out a 48-hour notice to their membership requiring all the members to show up and vote, even though there's no fiscal cliff dea
industrial metals that got a boost as we saw rallies in asia on hopes that maybe this new regime in china is going to be spending more helping to prop up the property department there, housing, than might mean more demand for industrial metals. copper today, the standout in part because of that. also, a different note, the s.e.c. ahead of the holiday delayed a decision on the proposed etf, according to the "wall street journal," the etf would hold twice as much copper in terms of...